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【$SOMI Signal】Short Position + Beware of Abnormal Price Surge
$SOMI surged over 40% within 24 hours, accompanied by a sharp increase in open interest. This is a typical sign of intense bullish and bearish battles, not a healthy trend beginning. The price action indicates emotion-driven FOMO chasing, which can easily trigger a bullish stampede.
🎯 Direction: Short Position
Market logic suggests this is 'main force entering or short squeeze,' and the current price has already deviated from any rational technical structure. After such a violent one-sided move, the market needs time to cool down and re-establish balance. Entering now offers a poor risk-reward ratio and is purely gambling.
Be patient and wait for the price structure to reshape, observe whether the spike low of the volume surge candlestick is broken, or if a clear secondary high point (LH) appears before making an assessment. Small losses, big gains—only betting on probabilities.
Trade here 👇 $SOMI
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